Los Angeles Lakers star LeBron James has made history off the basketball court, as Forbes reported Thursday that he has become the first active NBA player to become a billionaire.
According to a story by Chase Peterson-Withorn, the billion-dollar figure is an estimate, but James reportedly made $121.2 million last year, putting him over the edge.
Peterson-Withorn reported that Michael Jordan is the only other NBA player to become a billionaire, but he didn’t reach the milestone until a decade after he was done playing, in 2014.
According to the story, James has made north of $385 million from NBA teams and roughly $900 million from other business ventures.